RNS Number : 5653C
Sophos Group Plc
29 June 2016
Sophos Group plc
Capital Markets Day and Q1 Trading Update
Oxford, 29 June 2016. Sophos Group plc (the "Company" or the "Group" / LSE: SOPH), a leading provider of
cloud-enabled enduser and network security solutions, is today hosting a Capital Markets Day for analysts and investors in
London.
Capital Markets Day
The event will be hosted in London by Kris Hagerman, chief executive officer and Nick Bray, chief financial
officer, alongside other members of the senior management team.
The materials to be presented at the Group's inaugural Capital Markets Day later today will be available on the
Group's website at: https://investors.sophos.com/. The meeting will also be available as a live webcast and as an audio
playback.
Trading update
· Sophos has continued to enjoy strong trading, with Q1
billings expected to be above the Board's expectations
· Q1 FY17 Like-for-like billings growth is expected to be in
the range of 20 percent to 23 percent year-over-year
· Billings assisted by a material contract with an existing
customer
· Sophos re-confirms FY17 outlook
About
The Sophos Group is a leading global provider of cloud-enabled enduser and network security solutions, offering
organisations end-to-end protection against known and unknown IT security threats through products that are easy to install,
configure, update and maintain. For further information please visit: www.sophos.com. The Group has over 30 years of
experience in enterprise security and has built a portfolio of products that protects over 220,000 organisations and over 100
million endusers in 150 countries across a variety of industries.
Forward-looking Statements
Certain statements in this announcement constitute "forward-looking statements". These forward-looking statements
involve risks, uncertainties and other factors that may cause the Group's actual results, performance or achievements, or
industry results, to be materially different from those projected in the forward-looking statements. These factors include:
general economic and business conditions; changes in technology; timing or delay in signing, commencement, implementation and
performance or programmes, or the delivery of products or services under them; structural change in the security industry;
relationships with customers; competition; and ability to attract personnel. You are cautioned not to rely on these
forward-looking statements, which speak only as of the date of this announcement. The Group undertakes no obligation to
update or revise any forward-looking statement to reflect any change in expectations or any change in events, conditions or
circumstances.
Contact
Sophos Group plc
Tel: +44 (0) 1235 559 933
Kris Hagerman, Chief Executive Officer
Nick Bray, Chief Financial Officer
|
Brunswick Group
Tel: +44 (0) 20 7404 5959
Sarah West
Katie Ioanilli
Katarina Sallerfors
|
1. Billings
represents the value of products and services invoiced to customers after receiving a purchase order from the customer and
delivering products and services to them, or for which there is no right to a refund for undelivered items. Billings does not
equate to statutory revenue.
2. Like-for-like
billings represent billings on a constant currency basis excluding disposals and including acquisitions from the point of
acquisition plus the pre-acquisition billings of any acquired companies on a reported basis. Like-for-like billings are
presented to enhance comparability.
This information is provided by RNS
The company news service from the London Stock Exchange
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